----

| [X]                                                                                                                                                                                                                                                                                                                                                                                               | QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934  |
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-----------------------------------------------------------------------------------------------|
| For the quarterly period ended                                                                                                                                                                                                                                                                                                                                                                    | June 30, 2011                                                                                 |
|                                                                                                                                                                                                                                                                                                                                                                                              | or                                                                                            |
| [  ]                                                                                                                                                                                                                                                                                                                                                                                    | TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934       |
| For the transition period from                                                                                                                                                                                                                                                                                                                                                                    |                                                                                          | to |     |
| Commission File Number                                                                                                                                                                                                                                                                                                                                                                            | 000-53685                                                                                     |
|  INTELIMAX MEDIA INC.                                                                                                                                                                                                                                                                                                                                                                        |
| (Exact name of registrant as specified in its charter)                                                                                                                                                                                                                                                                                                                                            |
|  British Columbia                                                                                                                                                                                                                                                                                                                                                                            |                                                                                          | None |
| (State or other jurisdiction of incorporation or organization)                                                                                                                                                                                                                                                                                                                                    |                                                                                          | (IRS Employer Identification No.) |
|  2320 – 555 West Hastings Street, Vancouver, British Columbia                                                                                                                                                                                                                                                                                                                     | V6B 4N4                                                                                       |
| (Address of principal executive offices)                                                                                                                                                                                                                                                                                                                                                          | (Zip Code)                                                                                    |
| (604) 742-1111                                                                                                                                                                                                                                                                                                                                                                                    |
| (Registrant’s telephone number, including area code)                                                                                                                                                                                                                                                                                                                                        |
|  N/A                                                                                                                                                                                                                                                                                                                                                                                         |
| (Former name, former address and former fiscal year, if changed since last report)                                                                                                                                                                                                                                                                                                           |
| Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.                                     |
| [X]                                                                                                                                                                                                                                                                                                                                                                                               | YES                                                                                           | [  ] | NO  |
| Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).  |
|                                                                                                                                                                                                                                                                                                                                                                                              | [  ]                                                                                | YES | [  ] | NO  |
| Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a small reporting company.  See the definitions of “large accelerated filer”, “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act.                                             |
| Large accelerated filer                                                                                                                                                                                                                                                                                                                                                                           | [  ]                                                                                | Accelerated filer | [  ] |
| Non-accelerated filer                                                                                                                                                                                                                                                                                                                                                                             | [  ]                                                                                | (Do not check if a smaller reporting company) | Smaller reporting company | [X]  |
| Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act                                                                                                                                                                                                                                                                                    |
|                                                                                                                                                                                                                                                                                                                                                                                              |                                                                                          |   |   |   |   |   |   |   |   |   |   |   |   |   |   | [  ] | YES | [X] | NO |
|  APPLICABLE ONLY TO ISSUERS INVOLVED IN BANKRUPTCYPROCEEDINGS DURING THE PRECEDING FIVE YEARS Check whether the registrant has filed all documents and reports required to be filed by Sections 12, 13 or 15(d) of the Exchange Act after the distribution of securities under a plan confirmed by a court.                                                    |
|                                                                                                                                                                                                                                                                                                                                                                                              |                                                                                          |   |   |   |   |   |   |   |   |   |   |   |   |   |   | [  ] | YES | [  ] | NO |
|  APPLICABLE ONLY TO CORPORATE ISSUERS                                                                                                                                                                                                                                                                                                                                                   |
| Indicate the number of shares outstanding of each of the issuer’s classes of common stock, as of the latest practicable date.                                                                                                                                                                                                                                                          |
| 37,953,848 common shares issued and outstanding as of August 10, 2011.                                                                                                                                                                                                                                                                                                                            |

----

| PART I - FINANCIAL INFORMATION                                                                                 | 3  |
|----------------------------------------------------------------------------------------------------------------|----|
| Item 1.  Financial Statements                                                                             | 3  |
| Item 2.  Management’s Discussion and Analysis of Financial Condition and Results of Operations | 6  |
| Item 3.  Quantitative and Qualitative Disclosures About Market Risk                                       | 11 |
| Item 4.  Controls and Procedures                                                                          | 11 |
| PART II - OTHER INFORMATION                                                                               | 11 |
| Item 1.  Legal Proceedings                                                                                | 11 |
| Item 1A.  Risk Factors                                                                                    | 11 |
| Item 2.  Unregistered Sales of Equity Securities and Use of Proceeds                                      | 12 |
| Item 3.  Defaults Upon Senior Securities                                                                  | 12 |
| Item 4.  [Removed and Reserved]                                                                           | 13 |
| Item 5.  Other Information                                                                                | 13 |
| Item 6.  Exhibits                                                                                    | 13 |
| SIGNATURES                                                                                                     | 14 |

----

----

| INTELIMAX MEDIA INC.(A Development Stage Company)Consolidated Financial Statements (Expressed in Canadian dollars)June 30, 2011 |
|--------------------------------------------------------------------------------------------------------------------------------------|

----

| Consolidated Balance Sheets               |  F–1 |
|------------------------------------------------|-----------------|
| Consolidated Statements of Operations     |  F–2 |
| Consolidated Statements of Cash Flows     |  F–3 |
| Notes to the Consolidated Financial Statements |  F–4 |

----

|                                                                                                                                  | June 30,2011$ |   | March 31, 2011$ |
|---------------------------------------------------------------------------------------------------------------------------------------|---------------|--------|-----------------|
|                                                                                                                                  | (Unaudited)   |   |            |
|                                                                                                                                  |          |   |            |
| Assets                                                                                                                                |          |   |            |
|                                                                                                                                  |          |   |            |
| Current Assets                                                                                                                        |          |   |            |
|                                                                                                                                  |          |   |            |
| Cash                                                                                                                                  | 75,508        |   | 777,273         |
| Other receivable                                                                                                                      | 12,518        |   | 7,649           |
| Prepaid expenses                                                                                                                      | 418,433       |   | 5,600           |
|                                                                                                                                  |          |   |            |
| Total Current Assets                                                                                                                  | 506,459       |   | 790,522         |
|                                                                                                                                  |          |   |            |
| Equipment (Note 3)                                                                                                                    | 10,188        |   | 9,310           |
| Website development costs (Note 3)                                                                                                    | 188,028       |   | –         |
|                                                                                                                                  |          |   |            |
| Total Assets                                                                                                                          | 704,675       |   | 799,832         |
|                                                                                                                                  |          |   |            |
|  Liabilities and Stockholders’ Equity                                                                                      |          |   |            |
|                                                                                                                                  |          |   |            |
| Current Liabilities                                                                                                                   |          |   |            |
|                                                                                                                                  |          |   |            |
| Accounts payable (Note 8)                                                                                                             | 52,479        |   | 173,958         |
| Accrued liabilities (Note 8)                                                                                                          | 103,344       |   | 71,745          |
| Notes payable (Note 4)                                                                                                                | –       |   | 439,226         |
| Due to related parties (Note 8)                                                                                                       | –       |   | 11,200          |
| Total Current Liabilities                                                                                                             | 155,823       |   | 696,129         |
|                                                                                                                                  |          |   |            |
| Nature of Operations and Continuance of Business (Note 1)                                                                             |          |   |            |
| Commitments (Note 9)                                                                                                                  |          |   |            |
|                                                                                                                                  |          |   |            |
| Stockholders’ Equity                                                                                                            |          |   |            |
|                                                                                                                                  |          |   |            |
| Preferred StockAuthorized: 20,000,000 shares, par value US$0.00001No shares issued and outstanding                                    | –       |   | –         |
|                                                                                                                                  |          |   |            |
| Common StockAuthorized: 150,000,000 shares, par value US$0.0000137,953,848 and 33,963,587 shares issued and outstanding, respectively | 402           |   | 364             |
|                                                                                                                                  |          |   |            |
| Additional paid-in capital                                                                                                            | 6,326,955     |   | 4,390,140       |
|                                                                                                                                  |          |   |            |
| Accumulated deficit during the development stage                                                                                      | (5,778,505)   |   | (4,286,801)     |
|                                                                                                                                  |          |   |            |
| Total Stockholders’ Equity                                                                                                      | 548,852       |   | 103,703         |
|                                                                                                                                  |          |   |            |
| Total Liabilities and Stockholders’ Equity                                                                                      | 704,675       |   | 799,832         |

----

|                                    | For theThree Months EndedJune 30,2011$ |   | For theThree MonthsEndedJune 30,2010$ |   | Accumulated fromApril 17, 2006(Date of Inception) to June 30, 2011$ |
|-----------------------------------------|----------------------------------------|--------|---------------------------------------|--------|--------------------------------------------------------------------------|
|                                    |                                   |   |                                  |   |                                                                     |
| Revenue                                 | 30                                     |   | 933                                   |   | 13,321                                                                   |
|                                    |                                   |   |                                  |   |                                                                     |
| Expenses                                |                                   |   |                                  |   |                                                                     |
|                                    |                                   |   |                                  |   |                                                                     |
| Amortization                            | 617                                    |   | 17,756                                |   | 309,520                                                                  |
| Advertising and promotion               | 6,796                                  |   | 15,813                                |   | 188,383                                                                  |
| Consulting fees                         | 821,947                                |   | 157,547                               |   | 1,958,615                                                                |
| Foreign exchange (loss) gain            | (6,182)                                |   | 522                                   |   | 6,171                                                                    |
| General and administrative              | 36,995                                 |   | 35,238                                |   | 475,402                                                                  |
| Impairment of equipment                 | –                                |   | –                               |   | 14,589                                                                   |
| Impairment of website development costs | –                                |   | –                               |   | 147,993                                                                  |
| Investor relations                      | 29,040                                 |   | 53,924                                |   | 577,989                                                                  |
| Management fees (Note 9)                | 20,500                                 |   | 10,452                                |   | 507,863                                                                  |
| Professional fees                       | 26,548                                 |   | 19,701                                |   | 292,019                                                                  |
| Wages and benefits                      | 14,301                                 |   | 71,606                                |   | 532,176                                                                  |
|                                    |                                   |   |                                  |   |                                                                     |
| Total Expenses                          | 950,562                                |   | 382,559                               |   | 5,010,720                                                                |
|                                    |                                   |   |                                  |   |                                                                     |
| Operating Loss                          | (950,532)                              |   | (381,626)                             |   | (4,997,399)                                                              |
|                                    |                                   |   |                                  |   |                                                                     |
| Other Income (Expense)                  |                                   |   |                                  |   |                                                                     |
|                                    |                                   |   |                                  |   |                                                                     |
| Loss on forgiveness of debt (Note 4)    | (541,172)                              |   | –                               |   | (911,746)                                                                |
| Interest income                         | –                                |   | –                               |   | 1,705                                                                    |
|                                    |                                   |   |                                  |   |                                                                     |
|                                    | (541,172)                              |   | –                               |   | (910,041)                                                                |
|                                    |                                   |   |                                  |   |                                                                     |
| Net Loss Before Income Taxes            | (1,491,704)                            |   | (381,626)                             |   | (5,907,440)                                                              |
|                                    |                                   |   |                                  |   |                                                                     |
| Income tax credits                      | –                                |   | 104,773                               |   | 181,265                                                                  |
|                                    |                                   |   |                                  |   |                                                                     |
| Net Loss                                | (1,491,704)                            |   | (276,853)                             |   | (5,726,175)                                                              |
|                                    |                                   |   |                                  |   |                                                                     |
| Net loss per share, basic and diluted   | (0.04)                                 |   | (0.01)                                |   |                                                                     |
|                                    |                                   |   |                                  |   |                                                                     |
| Weighted average shares outstanding     | 35,136,800                             |   | 26,350,000                            |   |                                                                     |

----

|                                                                        | For theThree MonthsEndedJune 30,2011$ | For theThree MonthsEndedJune 30,2010$ | Accumulated from April 17, 2006 (Date of Inception) toJune 30,2011$ |
|-----------------------------------------------------------------------------|---------------------------------------|---------------------------------------|---------------------------------------------------------------------|
|                                                                        |                                  |                                  |                                                                |
| Operating activities                                                        |                                  |                                  |                                                                |
|                                                                        |                                  |                                  |                                                                |
| Net loss for the period                                                     | (1,491,704)                           | (276,853)                             | (5,726,175)                                                         |
|                                                                        |                                  |                                  |                                                                |
| Adjustments to reconcile net loss to net cash used in operating activities: |                                  |                                  |                                                                |
| Amortization                                                                | 617                                   | 17,756                                | 309,520                                                             |
| Loss on forgiveness of debt                                                 | 541,172                               | –                               | 923,837                                                             |
| Issuance of shares for services                                             | 609,991                               | 113,640                               | 1,524,731                                                           |
| Stock-based compensation                                                    | 159,014                               | 26,845                                | 404,003                                                             |
| Impairment of equipment                                                     | –                               | –                               | 14,589                                                              |
| Impairment of website development costs                                     | –                               | –                               | 147,993                                                             |
|                                                                        |                                  |                                  |                                                                |
| Changes in operating assets and liabilities:                                |                                  |                                  |                                                                |
| Other receivable                                                            | (4,869)                               | 8,849                                 | (12,505)                                                            |
| Prepaid expense                                                             | (412,833)                             | –                               | (232,831)                                                           |
| Accounts payable and accrued liabilities                                    | (74,800)                              | 29,445                                | 413,023                                                             |
| Due to related parties                                                      | (11,200)                              | 800                                   | –                                                             |
|                                                                        |                                  |                                  |                                                                |
| Net Cash Used In Operating Activities                                       | (684,612)                             | (79,518)                              | (2,233,815)                                                         |
|                                                                        |                                  |                                  |                                                                |
| Investing Activities                                                        |                                  |                                  |                                                                |
|                                                                        |                                  |                                  |                                                                |
| Cash acquired on acquisition                                                | –                               | –                               | 34,365                                                              |
| Purchase of equipment                                                       | (1,495)                               | –                               | (40,459)                                                            |
| Purchase of website development costs                                       | (188,028)                             | (500)                                 | (633,626)                                                           |
|                                                                        |                                  |                                  |                                                                |
| Net Cash Used In Investing Activities                                       | (189,523)                             | (500)                                 | (639,720)                                                           |
|                                                                        |                                  |                                  |                                                                |
| Financing activities                                                        |                                  |                                  |                                                                |
|                                                                        |                                  |                                  |                                                                |
| Bank indebtedness                                                           | –                               | 2,939                                 | –                                                             |
| Proceeds from loans payable                                                 | 30,214                                | –                               | 529,440                                                             |
| Proceeds from issuance of common shares                                     | 142,156                               | 128,135                               | 2,526,603                                                           |
| Repayment of loans payable                                                  | –                               | (52,500)                              | (60,000)                                                            |
| Share issuance costs                                                        | –                               | –                               | (47,000)                                                            |
|                                                                        |                                  |                                  |                                                                |
| Net Cash Provided by Financing Activities                                   | 172,370                               | 78,574                                | 2,949,043                                                           |
|                                                                        |                                  |                                  |                                                                |
| (Decrease) Increase in Cash                                                 | (701,765)                             | (1,444)                               | 75,508                                                              |
|                                                                        |                                  |                                  |                                                                |
| Cash – Beginning of Period                                            | 777,273                               | 1,444                                 | –                                                             |
|                                                                        |                                  |                                  |                                                                |
| Cash – End of Period                                                  | 75,508                                | –                               | 75,508                                                              |

| Non-cash investing and financing activities: |    |    |    |
|----------------------------------------------|---------|---------|---------|
| Shares issued for share issuance costs       | – | – | 28,800  |
|                                         |    |    |    |
| Supplemental disclosures:                    |    |    |    |
| Interest paid                                | – | – | – |
| Income tax paid                              | – | – | – |

----

|   | 1. | Nature of Operations and Continuance of Business |
|--------|----|--------------------------------------------------|

| 2. | Significant Accounting Policies |
|----|---------------------------------|

|   | (a) | Basis of Presentation and Principles of Consolidation |
|--------|-----|-------------------------------------------------------|

|   | (b) | Interim Financial Statements |
|--------|-----|------------------------------|

----

|   | (c) | Use of Estimates |
|--------|-----|------------------|

|   | The preparation of these unaudited interim consolidated financial statements in conformity with generally accepted accounting principles in the United States requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the unaudited interim consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. The Company regularly evaluates estimates and assumptions related to the useful life and recoverability of long-lived assets, fair value of share-based payments, and deferred income tax asset valuation allowances. The Company bases its estimates and assumptions on current facts, historical experience and various other factors that it believes to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities and the accrual of costs and expenses that are not readily apparent from other sources. The actual results experienced by the Company may differ materially and adversely from the Company’s estimates. To the extent there are material differences between the estimates and the actual results, future results of operations will be affected. |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (d) | Cash and Cash Equivalents |
|--------|-----|---------------------------|

|   | (e) | Website Development Costs |
|--------|-----|---------------------------|

|   | (f) | Equipment Equipment is stated at cost and is amortized on a declining basis, at the following rates: |
|--------|-----|-----------------------------------------------------------------------------------------------------------|

|  Office Furniture and Equipment | 20%   |
|--------------------------------------|------------|
|  Computer Hardware              | 30%        |
|  Computer Software              |  100% |

|   | (g) | Impairment of Long-Lived Assets |
|--------|-----|---------------------------------|

----

|   | (h) | Revenue Recognition |
|--------|-----|---------------------|

|   | (i) | Comprehensive Loss |
|--------|-----|--------------------|

|   | (j) | Income Taxes |
|--------|-----|--------------|

|   | (k) | Stock-Based Compensation |
|--------|-----|--------------------------|

|   | (l) | Foreign Currency Translation |
|--------|-----|------------------------------|

----

|   | (m) | Basic and Diluted Net Loss Per Share |
|--------|-----|--------------------------------------|

|   | (n) | Financial Instruments and Fair Value Measures |
|--------|-----|-----------------------------------------------|

|   | (o) | Recent Accounting Pronouncements |
|--------|-----|----------------------------------|

|                      |   |    |   |         |       | June 30,     | March 31     |
|---------------------------|--------|---------|--------|--------------|------------|--------------|--------------|
|                      |   |    |   |         |       | 2011         | 2011         |
|                      |   |    |   | Accumulated  |       | Net Carrying | Net Carrying |
|                      |   | Cost    |   | Amortization | Impairment | Value        | Value        |
|                      |   | $       |   | $            | $          | $            | $            |
|                      |   |    |   |         |       |         |         |
| Computer Hardware         |   | 16,612  |   | 9,946        | 3,831      | 2,835        | 3,065        |
| Computer Software         |   | 3,915   |   | 3,915        | –    | –      | –      |
| Office Furniture          |   | 19,933  |   | 8,085        | 4,495      | 7,353        | 6,245        |
|                      |   |    |   |         |       |         |         |
|                      |   | 40,460  |   | 21,946       | 8,326      | 10,188       | 9,310        |
| Website Development Costs |   | 629,859 |   | 287,574      | 154,257    | 188,028      | –      |
|                      |   | 670,319 |   | 309,520      | 162,583    | 198,216      | 9,310        |

----

|   | a) | As at March 31, 2011, the Company had a short term note payable of $2,906 owing to a shareholder of the Company. The note is unsecured, due interest at 3.5% per annum, and due on demand. During the three months ended June 30, 2011, the Company repaid the note payable. |
|--------|----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | b) | On March 15, 2011, the Company issued a note payable of $440,402 (US$450,000).  The note is unsecured, due interest at 15% per annum, and due on demand. On June 23, 2011, the Company issued 1,547,119 units to settle the outstanding debt of US$450,000, including accrued interest of US$14,136. Each unit consisted of one common share and one-half of one share purchase warrant. Each share purchase warrant entitles the holder to acquire an additional common share at an exercise price of US$0.75 per share. These warrants expire on June 23, 2013. The Company recorded a loss on the settlement of debt of $507,348 equal to the difference between the fair value of the common shares and warrants and the carrying value of the debt settled. |
|--------|----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | c) | On May 2, 2011, the Company issued a note payable of $29,360 (US$30,000).  The note is unsecured, due interest at 15% per annum, and due on demand. On June 23, 2011, the Company issued 103,142 units to settle the outstanding debt of US$30,000, including accrued interest of US$942. Each unit consisted of one common share and one-half of one share purchase warrant. Each share purchase warrant entitles the holder to acquire an additional common share at an exercise price of US$0.75 per share. These warrants expire on June 23, 2013. The Company recorded a loss on the settlement of debt of $33,824 equal to the difference between the fair value of the common shares and warrants and the carrying value of the debt settled. |
|--------|----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | Shares issued during the three months ended June 30, 2011: |
|--------|------------------------------------------------------------|

|   | a) | On April 16, 2011, the Company issued 450,000 shares of the Company’s common stock with a fair value of $185,779 pursuant to a service agreement for the provision of marketing and promotional services. |
|--------|----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | b) | On April 29, 2011, the Company issued 500,000 shares of the Company’s common stock with a fair value of $198,744 pursuant to a service agreement for the provision of website development, design and marketing services. |
|--------|----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | c) | On April 29, 2011, the Company issued 110,000 units at US$0.20 per unit for proceeds of US$22,000.  Each unit consists of one common share and one warrant to purchase one share of the Company’s common stock at US$0.30 per share until April 29, 2013. |
|--------|----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | d) | On May 1, 2011, the Company issued 250,000 shares of the Company’s common stock with a fair value of $99,372 pursuant to a consulting agreement for marketing and promotional services. |
|--------|----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | e) | On May 4, 2011, the Company issued of 250,000 units at US$0.20 per unit for proceeds of US$50,000.  Each unit consists of one common share and one warrant to purchase one share of the Company’s common stock at US$0.30 per share until May 4, 2013. |
|--------|----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | f) | On May 5, 2011, the Company issued 150,000 shares of the Company’s common stock with a fair value of $69,710 pursuant to a service agreement for event and production services. |
|--------|----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | g) | On May 6, 2011, the Company issued 100,000 shares of the Company’s common stock with a fair value of $46,416 pursuant to a consulting agreement. |
|--------|----|--------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | h) | On May 17, 2011, the Company issued 25,000 shares of the Company’s common stock with a fair value of $8,510 to an employee as a bonus for services rendered. |
|--------|----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | i) | On May 20, 2011, the Company issued 5,000 shares of the Company’s common stock with a fair value of $1,460 pursuant to a settlement and release agreement with a consultant. |
|--------|----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|   | j) | On May 27, 2011, the Company issued 500,000 shares of the Company's common stock upon the exercise of stock options for cash proceeds of $73,297 (Cdn$75,000). |
|--------|----|----------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | k) | On June 23, 2011, the Company issued 1,650,261 units to settle $469,762 of notes payable and $14,756 of accrued interest.  Each unit consisted of one common share and one-half of one share purchase warrant. Each share purchase warrant entitles the holder to acquire an additional common share at an exercise price of US$0.75 per share.  These warrants expire on June 23, 2013.  The Company recorded a loss on the fair value of the debt of $541,172, equal to the difference between the fair value of the common shares and warrants and the debt settled. |
|--------|----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|                                       | Number of Options | Weighted Average Exercise Price | Weighted-Average Remaining Contractual Term(years) | Aggregate Intrinsic Value |
|--------------------------------------------|-------------------|---------------------------------|----------------------------------------------------|---------------------------|
|                                       |              | $                               |                                               | $                         |
|                                       |              |                            |                                               |                      |
| Outstanding, March 31, 2010                | 500,000           | 0.15                            |                                               |                      |
|                                       |              |                            |                                               |                      |
| Granted                                    | 350,000           | 0.14                            |                                               |                      |
| Exercised                                  | (100,000)         | 0.25                            |                                               |                      |
|                                       |              |                            |                                               |                      |
| Outstanding, March 31, 2011                | 750,000           | 0.13                            |                                               |                      |
|                                       |              |                            |                                               |                      |
| Granted                                    | 600,000           | 0.25                            |                                               |                      |
| Exercised                                  | (500,000)         | 0.15                            |                                               |                      |
|                                       |              |                            |                                               |                      |
| Outstanding and Exercisable, June 30, 2011 | 850,000           | 0.21                            | 1.94                                               | 207,500                   |
|                                       |              |                            |                                               |                      |

|                            | 2011   | 2010   |
|---------------------------------|--------|--------|
|                            |   |   |
| Expected dividend yield         | 0%     | 0%     |
| Risk-free interest rate         | 0.50%  | 0.64%  |
| Expected volatility             | 137%   | 159%   |
| Expected option life (in years) | 2.00   | 1.00   |

----

|                    | Number ofWarrants | Weighted Average Exercise Price$ |
|-------------------------|-------------------|----------------------------------|
|                    |              |                             |
| Balance, March 31, 2010 | 2,107,000         | 0.53                             |
|                    |              |                             |
| Issued                  | 5,448,520         | 0.31                             |
| Expired                 | (1,197,000)       | 0.50                             |
|                    |              |                             |
| Balance, March 31, 2011 | 6,358,520         | 0.35                             |
|                    |              |                             |
| Issued                  | 1,185,131         | 0.59                             |
|                    |              |                             |
| Balance, June 30, 2011  | 7,543,651         | 0.29                             |

| Number of Warrants | ExercisePrice | Expiry Date        |
|--------------------|---------------|--------------------|
|               |          |               |
| 610,000            | US$0.60       | December 11, 2011  |
| 300,000            | US$0.55       | February 1, 2012   |
| 250,000            | US$0.60       | May 14, 2012       |
| 12,500             | US$0.60       | May 31, 2012       |
| 205,000            | US$0.30       | August 1, 2012     |
| 25,000             | US$0.30       | August 2, 2012     |
| 222,000            | US$0.30       | September 20, 2012 |
| 620,000            | US$0.30       | September 21, 2012 |
| 250,000            | US$0.30       | October 1, 2012    |
| 50,000             | US$0.30       | November 19, 2012  |
| 3,800,620          | US$0.30       | March 15, 2013     |
| 13,400             | US$0.30       | March 30, 2013     |
| 110,000            | US$0.30       | April 29, 2013     |
| 250,000            | US$0.30       | May 4, 2013        |
| 825,131            | US$0.75       | June 23, 2013      |
|               |          |               |
| 7,543,651          |          |               |

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|   | a) | During the three months ended June 30, 2011, the Company incurred $20,500 (2010 - $10,452) of management fees to directors of the Company. |
|--------|----|--------------------------------------------------------------------------------------------------------------------------------------------|

|   | b) | As at June 30, 2011, accounts payable and accrued liabilities include $31,430 (March 31, 2011 - $73,391) owing to management, officers, and directors of the Company.  The amounts are unsecured, non-interest bearing, and due on demand. |
|--------|----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | c) | As at June 30, 2011, the Company owed $nil (March 31, 2011 - $11,200) to two directors of the Company for general expenditures.  The amount owing is unsecured, non-interest bearing, and due on demand. |
|--------|----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|   | · | Gamboozle.com Gaming Platform:  We have developed and acquired software which allows users to play free and subscription based multi-player poker, blackjack, roulette, casual games as well as social media games online.  Currently, our new online gaming software is being integrated into our Gamboozle.com website platform as well as our pages on Facebook, MySpace and Bebo, which are social networking websites and is provided free of charge.  Our gaming platform is being developed to the point where we are able to provide premium content.  We intend to offer it to users on a monthly subscription basis which, if sufficient interest is developed, will produce revenues through subscription payments as well as product placement ads in the games.  We anticipate developing additional games, creating a licensable version and revising it for use on third party websites.  Once the new gaming platform is fully integrated and upgraded there can be no assurance that these improvements will result in additional revenue as we face significant competition in this market. |
|--------|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | Gamboozle.com Fantasy Sports:  The term fantasy sports describes multi-player games in which users act as fantasy owners and build a team that competes against other fantasy teams based on the statistics generated by individual players or teams of a professional sport.  We have developed software which allows users to create teams from the rosters of actual sports players and then use their teams to compete against other users in various categories such as points scored, yards gained or home runs registered, depending on the specific sport.  We hope to attract a subscriber base which will provide us with the users we need to generate revenues through monthly subscription entry fees.   Our new fantasy sports software is being integrated into our Gamboozle.com website on free and paid subscription bases.  This new software is in the development stage, but we anticipate launching the new site and enhancing the content during the next four months to include all the major sports (football, basketball, hockey, baseball and soccer). There can be no assurance that these improvements will result in additional revenue as we face significant competition in this market. |
|--------|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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|               |   | Three Months EndedJune 30 |       | Period fromApril 17, 2006(Date of Inception)to June 30, 2011 |   |
|--------------------|--------|---------------------------|------------|-------------------------------------------------------------------|--------|
|               |   | 2011                      |       |                                                              | 2010   |   |   | $ |   |   |
| Revenue            |   | $                         | 30         |                                                              |   | $ | 933 |   |   | $ | 13,321 |   |
| Operating Expenses |   | $                         | 950,562    |                                                              |   | $ | 382,559 |   |   | $ | 5,010,720 |   |
| Net Loss           |   | $                         | (1,491,704 | )                                                                 |   | $ | (276,853 | ) |   | $ | (5,726,175 | ) |

----

|                         | Three Months EndedJune 30, |    |   | Period fromApril 17, 2006(Date of Inception)to June 30, 2011 |
|------------------------------|----------------------------|---------|--------|-------------------------------------------------------------------|
|                         | 2011                       |    | 2010   |                                                              |   | $ |
| Amortization                 | $                          | 617     |   | $                                                                 | 17,756 |   | $ | 309,520 |
| Advertising and promotion    | $                          | 6,796   |   | $                                                                 | 15,813 |   | $ | 188,383 |
| Consulting fees              | $                          | 821,947 |   | $                                                                 | 157,547 |   | $ | 1,958,615 |
| Foreign exchange (gain) loss | $                          | (6,182) |   | $                                                                 | 522 |   | $ | 6,171 |
| General and administrative   | $                          | 36,995  |   | $                                                                 | 35,238 |   | $ | 475,402 |
| Investor relations           | $                          | 29,040  |   | $                                                                 | 53,924 |   | $ | 577,989 |
| Management fees              | $                          | 20,500  |   | $                                                                 | 10,452 |   | $ | 507,863 |
| Professional fees            | $                          | 26,548  |   | $                                                                 | 19,701 |   | $ | 292,019 |
| Wages and benefits           | $                          | 14,301  |   | $                                                                 | 71,606 |   | $ | 532,176 |
| Loss on settlement of debt   | $                          | 541,172 |   | $                                                                 | Nil |   | $ | 911,746 |

| Working Capital     |   |           |   |            |                           |
|---------------------|--------|----------------|--------|-----------------|--------------------------------|
|                |   | AtJune 30,2011 |   | AtMarch 31,2011 | Percentage Increase/(Decrease) |
| Current Assets      | $      | 506,459        | $      | 790,522         | (35.93%)                       |
| Current Liabilities | $      | 155,823        | $      | 696,129         | (77.61%)                       |
| Working Capital     | $      | 350,636        | $      | 94,393          | 73.08%                         |

| Cash Flows                                    |   |                           |   |   |                           |
|-----------------------------------------------|--------|--------------------------------|--------|--------|--------------------------------|
|                                          |   | Three Months EndedJune 30,2011 |   |   | Three Months EndedJune 30,2010 |
| Net Cash used in Operating Activities         | $      | (684,612                       | )      | $      | (79,518)                       |
| Net Cash used in Investing Activities         | $      | (189,523                       | )      | $      | (500)                          |
| Net Cash Provided by Financing Activities     | $      | 172,370                        |   | $      | 78,574                         |
| Increase (Decrease) in Cash During the Period | $      | (701,765)                      |   | $      | (1,444)                        |

----

| Description                                         | Target completion date or period | Estimated expenses(CAD $) |
|-----------------------------------------------------|----------------------------------|---------------------------|
| Legal and accounting fees                           | 12 months                        | 100,000                   |
| Further development of Gamboozle.com                | 12 months                        | 40,000                    |
| Maintenance and refinement of InteliGaming Platform | 12 months                        | 350,000                   |
| Marketing and advertising                           | 12 months                        | 600,000                   |
| Investor relations and capital raising              | 12 months                        | 300,000                   |
| Management and operating costs                      | 12 months                        | 250,000                   |
| Consulting fees                                     | 12 months                        | 100,000                   |
| Hardware purchases                                  | 12 months                        | 100,000                   |
| General and administrative                          | 12 months                        | 100,000                   |
| Total                                               |                             | 1,940,000                 |

----

|  Office Furniture and Equipment |  20%  |
|--------------------------------------|-----------------|
|  Computer Hardware              | 30%             |
|  Computer Software              |  100%      |

----

----

----

| Exhibit No. | Description                                                                                                                                                                                                |
|-------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (3)         | (i) Articles of Incorporation                                                                                                                                                                              |
| 3.1         | Articles of Incorporation for Intelimax Media Inc. (incorporated by reference to our Current Report on Form 8-K filed on May 29, 2009).                                                                    |
| 3.2         | Amalgamation Application Filed with the British Columbia Registrar of Companies on May 28, 2009 (incorporated by reference to our Current Report on Form 8-K filed on May 29, 2009).                       |
| (4)         | Instruments defining the rights of security holders, including indentures                                                                                                                                  |
| 4.1         | Instrument defining the rights of holders – form of share certificate (incorporated by reference to our Current Report on Form 8-K filed on May 29, 2009).                                           |
| (10)        | Material Contracts                                                                                                                                                                                         |
| 10.1        | 2009 Stock Compensation Plan (incorporated by reference to our Current Report on Form S-8 filed on December 11, 2009).                                                                                     |
| 10.2        | 2009 Stock Option Plan (incorporated by reference to our Current Report on Form S-8 filed on December 11, 2009).                                                                                           |
| 10.3        | License Grant and Asset Purchase Agreement between our company and Fireswirl Technologies Inc. dated for reference August 22, 2008 (incorporated by reference to our Form S-1 filed on June 12, 2009).     |
| 10.4        | Master Services Agreement between our company and Friedman360, LLC dated April 6, 2011 (incorporated by reference to our Current Report filed on Form 8-K on April 11, 2011).                              |
| 10.5        | Purchase and Sale Agreement between our company and Las Vegas From Home.com Entertainment Inc. dated April 12, 2011 (incorporated by reference to our Current Report filed on Form 8-K on April 15, 2011). |
| 10.6        | Software Support Agreement between our company and Las Vegas From Home.com Entertainment Inc. dated April 12, 2011 (incorporated by reference to our Current Report filed on Form 8-K on April 15, 2011).  |
| (31)        | Rule 13a-14(a)/15d-14(a) Certifications                                                                                                                                                                    |
| 31.1*       | Section 302 Certification under Sarbanes-Oxley Act of 2002 of Glenn Little (principal executive officer, principal financial officer and principal accounting officer).                                    |
| (32)        | Section 1350 Certifications                                                                                                                                                                                |
| 32.1*       | Section 906 Certifications under Sarbanes-Oxley Act of 2002 of Glenn Little (principal executive officer, principal financial officer and principal accounting officer).                                   |

----

|                             | Intelimax Media Inc.                                                                        |
|----------------------------------|---------------------------------------------------------------------------------------------|
|                             | (Registrant)                                                                                |
|                             |                                                                                        |
|                             |                                                                                        |
| Date:  August 17, 2011 | /s/ Glenn Little                                                                       |
|                             | Glenn Little                                                                                |
|                             | President, Chief Executive Officer, Chief Financial Officer, Secretary and Director         |
|                             | (Principle Executive Officer, Principle Financial Officer and Principal Accounting Officer) |

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